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2026-08-09 20:56:11 UTC
in reply to

npub1vp…32z0l on Nostr: If BTCs price is not at least doubling every 4 years the security budget in ...

If BTCs price is not at least doubling every 4 years the security budget in electricity or dollar terms will start to shrink and will not stop. No healthy transaction fee market can counter that I don't think. And as more ASICs become unused it would get ever easier and cheaper to attack no?